Within this week grains market has significantly slackened. Traders didn’t want to purchase free (that is, not assured by corresponding contracts) goods on falling market and therefore even didn’t declare US$ purchase prices in ports.
There were just a few companies which purchased grains at UAH, − Nibulon, Serna and some others. It is to be admitted, these companies will also leave market as soon as they purchase enough grains to cover earlier concluded external contracts. Vivid example to prove this supposition is that Serna has already lowered feed maize purchase price in port Illychivsk from UAH1,500 per MT (efficient within previous weeks) down to UAH1,275 per MT (within this week).
As of this week, grains prices have averagely fallen by UAH30–100 per kg against previous week. Basically, this market slackening was quite predictable earlier (and had been described in Grain previous issue). However, grain holders behavior so far remains incomprehensible: they are quite reluctant in selling their grains at current market prices, with offers/real sales number remaining very low. In our opinion, market slackening will get intensified proportionally to springtime field works approaching, − as agrarians will be urged to replenish their circulating assets in order to start purchasing fertilizers, seeding material, fuel/lubricants, etc..
EXPORT
Barley
Within this week feed barley purchase prices fluctuated within UAH870–920 per MT (EXW-ex-elevator, southern regions)/UAH800–900 per MT (EXW-ex-elevator, other regions).
US$ purchase prices were US$130–135 per MT (FOB, small ports) and US$134–140 per MT (FOB, big ports: Pivdenniy,Illichivsk,Odesa).
Wheat
Feed wheat purchase prices were fixed at UAH1,070–1,180 per MT (EXW-ex-elevator, depending on regions/contract conditions).
Feed wheat ports US$ purchase prices ranged within US$133–145 per MT (CPT port, small ports) and US$141–153 per MT (CPT port, big ports: Pivdenniy, Illichivsk,Odesa).
Feed wheat offer prices were US$151–165 per MT (FOB, depending on shipper/shipping port).
3 and 2 classes food wheat US$ prices (if global market prices conjuncture is taken into account) were correspondingly US$168–178 per MT (FOB Black Sea ports) and US$178–192 per MT (FOB Black Sea ports).
Maize
Traders were ready to purchase feed maize at UAH1,200–1,370 per MT (EXW-ex-elevator, depending on regions/contract conditions).
Feed maize US$ prices ranged within US$168–185 per MT (FOB).
Grain export prices, USD/ò
Grain type
27.01.10
20.01.10
December
2009 average
November
2009 average
October
2009 average
Min
Max
Min
Max
FOB, Ukrainian Black Sea port
2nd class wheat*
178
192
180
192
195
191
184
3rd class wheat**
168
178
172
180
181
174
164
Feed wheat
151
165
153
165
167
160
146
Feed barley
130
140
133
143
147
141
128
Feed corn
168
185
170
186
183
173
162
Feed peas
195
220
195
220
206
192
179
Wheat bran
90
110
90
110
100
99
91
Oats
110
125
110
125
118
105
102
DAF
Feed corn
160
172
158
170
165
162
155
Rye
100
115
100
115
107
103
103
*- protein content: minimum 12.5%
**- protein content: minimum 11.0%
Processors Activity
Flour millers admit within this week food wheat offer remained minimal low in different regions. Millers say agricultural producers were dictating food wheat sale prices much up against millers purchase prices.
Upon whole, market operators now expect resources prices will start significantly declining since early Feb.
Average purchase prices for food grains (ÑÐÒ processing plant), UAH/ò
Region
27.01.10
20.01.10
December
2009 average
November
2009 average
October
2009 average
Min
Max
Min
Max
2nd class wheat*
Western
1160
1270
1170
1270
1210
1150
1115
Northern
1200
1310
1220
1320
1260
1172
1125
Central
1240
1350
1260
1370
1320
1215
1140
Southern
1270
1360
1300
1410
1380
1295
1180
Eastern
1240
1330
1270
1370
1320
1240
1160
3rd class wheat**
Western
1150
1230
1150
1230
1165
1080
1025
Northern
1160
1250
1170
1250
1205
1110
1040
Central
1200
1280
1200
1280
1235
1170
1050
Southern
1200
1310
1240
1380
1310
1215
1100
Eastern
1200
1300
1200
1320
1260
1165
1065
*- protein content: minimum 12.5%
**- protein content: minimum 11.0%
